Mom

100%
Mom has fully repaid her loan of £3,319.77

Amount requested:

£3,319.77

Repayment term:

36 months

Activity type:

Farming

Partner:

BORVOR

Loan description:

Mrs Rom is 32 and has three children. One is a toddler, the other two are at school. She and her husband already have three hectares of land on which they grow naturally irrigated, seasonal rice. Their present yield is consistently around four tons per hectare, and is supplemented by the rental of six more hectares from local villagers. The market easily supports this level of production. However, it is an expensive activity, costing $150 a hectare, and provides no capital benefit. To reduce rental costs, improve their overall profitability and create a long term asset, they wish to buy an extra hectare of naturally irrigated paddy. They expect to produce the same four tons per acre from this land, and be able to repay the loan from profits over 36 months.

Loan added: 26 February 2017

Mom's loan repayment schedule

Date Expected repayments Actual repayments
£301.80
£190.59
£83.84
£83.84
£83.84
£83.64
£83.84
£83.56
£83.84
£82.94
£83.84
£83.22
£83.84
£80.78

The above amounts are indicative, based on the exchange rate the day this loan was added to the website. The actual amounts you will receive will be based on an exchange rate at the time the repayment is returned to your account. See our Help Centre for more information.

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